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ashling

(25,771 posts)
Tue Oct 16, 2012, 04:59 PM Oct 2012

I went to the DNC Romney Tax Plan site and nailed it

I was able to click on the details button and got redirected to this Obama site



Romney’s tax plan adds up to a middle class tax hike

October 7, 2012

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Mitt Romney has detailed a specific tax plan that provides tax cuts weighted towards millionaires and billionaires. Altogether, these tax cuts will cost about $5 trillion including interest. Here’s the math:

Lower tax rates by 20% = $2.5 trillion

Eliminating the Alternative Minimum Tax = $700 billion

Repeal of high-income payroll tax = $300 billion

Repeal the estate tax = $150 billion

Tax cut for corporations = $1.1 trillion

TOTAL: $5 trillion in tax cuts including interest

That math is clear. But when it comes to paying for these tax cuts, Romney hasn’t specified a single loophole he’d close and he’s said that taking steps that would require the wealthy to pay more—like raising their taxes on capital gains—are off the table. But even if he eliminated all other tax benefits for high-income taxpayers and enough corporate tax loopholes to pay for his plan, he’d still need to increase middle class taxes by $1 trillion to pay for his plan.

Ending all tax benefits for the wealthy = $1.7 trillion

Eliminate corporate tax benefits to offset corporate tax cut = $1.1 trillion

Eliminate enough middle class tax benefits to pay for middle class tax cut = $1 trillion
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I went to the DNC Romney Tax Plan site and nailed it (Original Post) ashling Oct 2012 OP
I think what happened is that you clicked at the bottom of the page ... Tx4obama Oct 2012 #1
Shhhhh! ashling Oct 2012 #2

Tx4obama

(36,974 posts)
1. I think what happened is that you clicked at the bottom of the page ...
Tue Oct 16, 2012, 05:12 PM
Oct 2012

At the bottom of the page it says:

Mitt Romney has ducked and side-stepped every attempt to get the details of his plan, which sticks the middle class with the bill for $5 trillion in tax cuts favoring millionaires and billionaires. Get the facts on his plan.


If you happen to click there it takes you to the other Obama page.

The actual red 'Get the details' BUTTON is not clickable



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